Morocco’s tourism revenues dropped by 51% in the first eleven months of last year under the impact of the pandemic and travel restrictions, the finance ministry said. The drop was attenuated 76% a month earlier, thanks to arrivals by Moroccan expatriates. In terms of arrivals however, Morocco registered only 142,000 tourists, down 82% compared to […]
Africa is entering a new era of sporting excellence as Morocco prepares to open what is being hailed as the most ambitious and best-organized Africa Cup of Nations (AFCON) in history. CAF Secretary-General Véron Mosengo-Omba confirmed during a press conference in Rabat that this edition will be “the AFCON of all records.” Over one million […]
Morocco’s economic outlook has worsened due to drought and external shocks, notably imported inflation, with growth prospects seen at between 1.5% and 1.7%, head of the Moroccan government Aziz Akhannouch said. The government had based its 2022 budget on a growth forecast of 3.2% and expected its budget deficit at 6.1%. Akhannouch said that high […]
